2012-05-15T11:07:33-07:00 2011-06-30 Koch Group & Co LLP 333 Seventh Avenue Floor 8 New York NY 100015118 990 2010-07-01 133778489 NEW DESTINY HOUSING CORPORATION NEWD 6464720262 12 W 37TH ST 7TH FL New York NY 10018 CAROL CORDEN 2012-05-15 Stuart Koch 2126310700 2010 2016-02-24 21:20:13Z CORDEN CAROL 12 W 37TH ST 7TH FL NEW YORK NY 10018 1576174 false false X www.newdestinyhousing.org X 1994 NY NEW DESTINY HOUSING CREATES LONG-TERM SECURITY AND STABILITY FOR LOW-INCOME FAMILIES AND INDIVIDUALS AT RISK OF DOMESTIC VIOLENCE AND HOMELESSNESS BY PROVIDING HOUSING AND SERVICES. 21 20 20 0 730792 751053 518032 622034 6313 9178 381784 154322 1636921 1536587 0 0 840709 662528 0 63746 801867 966873 1642576 1629401 -5655 -92814 7263721 7396850 875254 851197 6388467 6545653 New Destiny creates long-term security and stability for low-income families and individuals at risk of domestic violence and homelessness. The only New York City nonprofit focused exclusively on the housing needs of domestic violence survivors, New Destiny pursues its mission through the following activities:1.The development and management of affordable, service-enriched housing for low-income domestic violence survivors and others at risk of homelessness. New Destiny has developed 12 projects serving almost 400 households. It owns and manages eight of these projects. New Destiny expects to complete a 41-unit project in July 2012 and a second 23-unit project is expected to begin construction in 2012.2.The operation of two citywide programs that assist domestic violence survivors to find and retain safe, stable housing. HousingLink provides information and counseling on housing issues through training, a telephone HelpLine, and a comprehensive website. Project Safe Home provides housi false false 809968 621217 HOUSING DEVELOPMENT & MANAGEMENTNew Destiny owns and manages eight residential projects in four boroughs of New York City. Two of these projects provide temporary shelter to domestic violence survivors at confidential locations-Prelude in Staten Island and Lily House in the Bronx. The remaining six projects offer affordable rentals to low-income survivors and other households at risk of homelessness-Bridge Towers, Bridge Community, 281 Bainbridge Street, and 919 Park Place in Brooklyn; 307 E. 54th Street in Manhattan; and 2299 Andrews Avenue in the Bronx.A new 41-unit affordable rental project in the Bronx (1070 Anderson Avenue)will open in 2012 and a new 23-unit affordable rental project in Brooklyn (287-293 Bainbridge Street) will begin construction in 2012. 610030 820 PROGRAM & SOCIAL SERVICES In fiscal year 2011 New Destiny operated two citywide programs to help low-income domestic violence survivors obtain safe, permanent housing: HousingLink and Project Safe Home. HousingLink provides accurate and up-to-date information about available housing and rental subsidies and individual technical assistance and counseling through training workshops, a Housing HelpLine, and an on-line resource center. In FY 2011, HousingLink answered 1936 requests for information, trained 400 individuals at 19 workshops, and served over 37,000 unique visitors to the website.Project Safe Home a 3-year pilot program offered housing readiness training to residents of selected domestic violence shelters and helped link pre-screened graduates of the training program with high-quality, affordable rental housing in low-income housing tax credit projects. In FY 2011, Project Safe Home conducted 197 workshops attended by 545 participants, prepared 44 applications that were submitted to participating landlords, and placed 29 families in affordable rental housing.New Destiny also provides direct services and referrals to tenants of its permanent housing with the goal of promoting tenant stability and independence through its Family Support Program. On-site Tenant Support Coordinators provide a wide range of services including case management, eviction prevention, domestic violence counseling, safety planning, job readiness support and job training referral, mental health referrals, and financial literacy and budgeting assistance. Programming for children and youth is also offered where appropriate. In FY 2011, 87 households received services through the Family Support Program. 1419998 true true false false false false false false false false true false false true true true false true false false false false false false true false false false false false false false false false false false false false false false false false false false false false true true true false false true 19 0 true 20 true false false false false false false false false false false false 0 false false false false false false false false false false false X 21 20 false false false false false false false true true false false false true true true true true true true true false false NY X X Carol Corden 6464720262 12 W 37TH ST 7TH FL New York NY 10018 ZUMBANO BRIAN 0.50 X 0 0 0 TUCKER HADRIAN A 0.50 X X 0 0 0 THOMPSON JENNIFER A 0.50 X X 0 0 0 SARRO PAULA M 0.50 X X 0 0 0 SALMASI NICOLE 0.50 X 0 0 0 PICCIANO GLORIA 0.50 X 0 0 0 NEWMAN MARTIN D 0.50 X 0 0 0 MCSWEEN DACHELL 0.50 X 0 0 0 McAndrews Marjorie a 0.50 X 0 0 0 GOTTSEGEN MATTHEW 0.50 X 0 0 0 Furey Kathleen M 0.50 X 0 0 0 FRAGA LILY A 0.50 X 0 0 0 FLECK SUSAN L 0.50 X X 0 0 0 DUNCAN DANA 0.50 X 0 0 0 Doynow Gina 0.50 X 0 0 0 CORDEN CAROL 35.00 X X 84971 0 4700 CEREZOLATHERESA A 0.50 X X 0 0 0 CALOSELAINE 0.50 X 0 0 0 BUTZEL ALBERT K 0.50 X X 0 0 0 ALBERT JOHN P 0.50 X 0 0 0 ADDONIZIO LANE 0.50 X 0 0 0 84971 4700 0 false false false 0 242728 508325 751053 SOCIAL SERVICES 624100 820 820 HOUSING SERVICES 531120 521214 521214 DEVELOPMENT FEE 531390 100000 100000 622034 9178 9178 0 0 0 0 193909 39587 154322 0 0 0 1536587 776356 9178 0 0 0 0 93187 65231 13978 13978 0 476149 392260 73446 10443 0 93192 75417 14334 3441 0 0 20413 20413 27695 16300 11395 0 0 0 0 250 250 0 0 0 0 4273 3596 537 140 0 0 40448 40448 0 190218 189514 553 151 53188 52238 746 204 Utilities 61582 60648 733 201 RENT 72251 57734 11396 3121 Management and supportive serv 133659 128201 4285 1173 Consulting fees 46214 38797 5823 1594 Building & office maintenance 85809 82706 2436 667 230873 196245 5995 28633 1629401 1419998 145657 63746 442151 380909 609422 879711 400318 233665 57095 31389 0 0 0 0 8173 6480 5823536 1797286 4132242 4026250 0 0 0 10638 9191 1603682 1829255 7263721 7396850 303347 286021 1456 426798 420859 145109 142861 875254 851197 X 3020789 3430212 3367678 3115441 6388467 6545653 7263721 7396850 X -92814 250000 X X false true true X false false X 1273636 449507 909341 730792 751053 4114329 43000 40000 80000 518032 622034 1303066 0 0 0 1316636 489507 989341 1248824 1373087 5417395 0 0 5417395 416034 415954 404670 6313 9178 1252149 0 416034 415954 404670 6313 9178 1252149 12063 12063 314572 157416 797723 401284 504322 2175317 2059305 1062877 2191734 1656421 1886587 8856924 0.61170 0.95870 0.14140 0.00880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 215000 215000 5300279 1601879 3698400 211674 112812 98862 28925 25229 3696 67658 57366 10292 4026250 TENANT SECURITY DEPOSITS 36239 REPLACEMENT RESERVES 34394 PRE-DEVELOPMENT COST 309643 OPERATING RESERVES 454023 FEE RECEIVABLE 139748 ESCROWS 11958 DUE FROM AFFILIATES 794252 DEPOSITS 48998 1829255 SECURITY DEPOSITS 42070 RECOVERABLE GRANT 50000 LOAN PAYABLE TO AFFILIATES 50791 142861 1536587 1629401 -92814 250000 250000 157186 2535595 999008 999008 1536587 1536587 2628116 998715 998715 1629401 1629401 Part X Part X : FIN48 Footnote Management has determined that the Organization had no uncertain tax positions that would require financial statement recognition. The Organization is no longer subject to income tax examination by the U.S. federal, state or local tax authorities for years before 2008, which is the standard statute of limitations look-back period. Part XIII, Line 2d Part XIII, Line 2d: Other expenses and losses per audited F/S ADJUST.-CONSOLID. FINANCIAL STATEMENTS $998715 Part XII, Line 2d Part XII, Line 2d: Other revenue amounts included in F/S but not included on form 990 ADJUST.-CONSOLID. FINANCIAL STATEMENTS $749008 DEVELOPER FEE $250000 Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances DEVELOPER FEE PICKED UP IN PRIOR YEAR ON RETURN $250000 X false ANNUAL BENEFIT 193909 193909 1946 5000 17600 15041 193909 193909 1946 5000 17600 15041 39587 154322 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available ALL GOVERNING DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST.ALSO, THE ORGANIZATION TIMELY FILES ITS ANNUAL REPORT (NYS CHAR 500) WITH THE NEW YORK STATE ATTORNEY GENERAL'S (NYSOAG) OFFICE. THE NYSOAG POSTS THE ANNUAL REPORT TOGETHER WITH THE ORGANIZATION'S FEDERAL FORM 990 AND ITS AUDITED FINANCIAL STATEMENTS ON THE CHARITIES BUREAU WEBSITE. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE BOARD OF DIRECTORS REVIEWS AND APPROVES ALL EXECUTIVE COMPENSATION CONTRACTS. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts New Destiny Housing Corporation (New Destiny) and all persons either elected or appointed to a New Destiny office (including, but not limited to, any Board officers, directors and committee members) shall conscientiously avoid any situations and activities where their personal interests could conflict, or appear to conflict, with the interests of New Destiny. A conflict of interest is any opportunity for personal gain in dealing with or on behalf of New Destiny apart from nominal reimbursement of expenses according to New Destiny policy.In the event that any officer, director or committee member of New Destiny shall have any direct or indirect interest in, or relationship with, any individual or organization which proposes to work with, or transact any business with New Destiny, such person shall give notice of such interest or relationship to the Board and shall thereafter refrain from discussing or voting on the particular transaction in which she or he has an interest, or otherwise attempting to exert any influence on New Destiny to affect a decision whether to participate in such transaction.The Conflict of Interest Policy (Policy) as enumerated herein applies to any Board officer, director or committee member of New Destiny as well as any immediate family member thereof. New Destiny will disclose the Policy to candidates for the Board and will obtain re-affirmation of the Policy from existing members of the Board or committees annually.Failure to comply with the Policy may be grounds for removal from the Board and/or committees. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process ON AN ANNUAL BASIS, THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS REQUIRED TO APPROVE THE FEDERAL FORM 990 AFTER IT IS REVIEWED WITH THE OUTSIDE INDEPENDENT AUDITOR/ACCOUNTANT. NEW DESTINY THEN DISSEMINATES THE FEDERAL FORM 990 TO THE FULL BOARD OF DIRECTORS BEFORE IT IS FILED. CITYWIDE SUPPORTIVE HOUSING INC 12 W 37TH ST 7TH FL NEW YORK NY 10018 050535640 LOW INC. HOUSING NY 501(C)(3) 9-SCHEDULE A N/A false CITYWIDE SUPPORTIVE HDFC 12 W 37TH ST 7TH FL NEW YORK NY 10018 133875562 LOW INC. HOUSING NY 501(C)(3) 9-SCHEDULE A N/A false 1070 ANDERSON AVENUE LIMITED PARTNERSHIP 12 W 37TH ST 7TH FL NEW YORK NY 10018 271908397 REAL ESTATE NY N/A related false false ANDREWS AVE ASSOCIATES LP 12 W 37TH ST 7TH FL NEW YORK NY 10018 753221119 REAL ESTATE NY N/A related false false 1070 ANDERSON AVENUE GP CORPORATION 12 W 37TH ST 7TH FL NEW YORK NY 10018 271905248 REAL ESTATE NY 1070 ANDERSON HDFC C CORP 1.00000 CITYWIDE ANDREWS ASSOCIATES INC 12 W 37TH ST 7TH FL NEW YORK NY 10018 753221117 REAL ESTATE NY CITYWIDE SUPPORTIVE HDFC C CORP -30 172224 1.00000 1070 ANDERSON HOUSING DEV FUND CORP 12 W 37TH ST 7TH FL NEW YORK NY 10018 611559082 REAL ESTATE NY N/A C CORP 1.00000 false false false true true false false false false false false false false false false false false false 1070 ANDERSON AVENUE GP CORPORATION d 42 ACCRUAL 1070 ANDERSON AVENUE LIMITED PARTNERSHIP d 299654 ACCRUAL ANDREWS AVE ASSOCIATES LP d 415706 ACCRUAL CITYWIDE SUPPORTIVE HOUSING INC d 65577 ACCRUAL CITYWIDE SUPPORTIVE HDFC e 15643 ACCRUAL CITYWIDE SUPPORTIVE HDFC d 11485 ACCRUAL